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Synaptics, Murata Partner to Develop Next-Gen Automotive Wireless Connectivity Modules

By Maham Fatima | July 21, 2025, 12:14 AM

Synaptics Incorporated (NASDAQ:SYNA) is one of the best small cap AI stocks to buy according to analysts. Earlier in May, Synaptics announced a partnership with Murata Manufacturing to jointly develop a next-gen turnkey wireless connectivity module for automotive Tier 1 suppliers and Original Equipment Manufacturers/OEMs.

The collaboration will integrate Synaptics’ Veros Wi-Fi and Bluetooth combo Systems-on-Chips (SoCs), which feature highly integrated RF front-ends, into a module co-developed with Murata. Synaptics’ wireless SoCs are designed to optimize performance, minimize system design costs, and reduce power consumption.

Synaptics, Murata Partner to Develop Next-Gen Automotive Wireless Connectivity Modules
A close-up of discrete semiconductors in a manufacturing lab.

Synaptics is using its Veros portfolio, which incorporates extensive expertise in IoT connectivity, to meet these requirements. The Veros portfolio for automotive applications includes the SYN4383 Wi-Fi 6E and SYN4384 Wi-Fi 7 products, which are pin-to-pin compatible and offer software upgradability.

Synaptics Incorporated (NASDAQ:SYNA) develops, markets, and sells semiconductor products worldwide and offers several wireless connectivity solutions, such as Wi-Fi and Bluetooth.

While we acknowledge the potential of SYNA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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